Bank Accounts Figure in Drug Probe-FBI Says Mexican Cartel Funneled Money Through Bank (Of America)
Source: Wall Street Journal
Mexican Drug Cartel Laundered Money Through BofA, FBI Alleges
A Mexican cocaine-trafficking cartel used accounts at Bank of America Corp. to hide money and invest illegal drug-trade proceeds in U.S. racehorses, the Federal Bureau of Investigation said.
The alleged ties between the violent drug gang known as Los Zetas and the second-largest U.S. bank by assets were described in a 35-page affidavit filed in federal court in Texas last month. According to an FBI agent, a horse-buying and training business created to launder drug money had accounts at the Charlotte, N.C., bank.
A U.S. citizen who is the brother of a top Zetas leader and allegedly served as the ...
In the meantime, Rod Blagojevich, who announced that the State of Illinois would ceise to do business with Bank of America until laid-off workers at a Chicago factory were paid what they are owed, is in prison.
Blagojevich was arrested the following day. So who from the B of A involved in money laundering is going to be arrested? Is anyone?